ZUnclassifiedEIN: 246015814· Ruling Year: 1962

Wayne Economic Development Corp

Honesdale, Pennsylvania

CHealth Score
36C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.91×
Peer Median15.40×
💰
$560K
Total Revenue
📊
$1.1M
Total Expenses
🏦
$2.2M
Net Assets
📋
$9.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-27.1%
Year-over-year change (2022 → 2023)
Net Margin
-104.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.91
Net assets divided by total expenses
Liabilities-to-Assets
81.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$560,36027%$1,146,99516%$12,074,72319%
2022$768,64370%$1,373,59353%$10,131,2532%
2021$2,539,330262%$2,931,153207%$10,381,7555%
2020$702,1068%$954,52411%$10,932,3354%
2019$760,27624%$1,071,5517%$10,531,3302%
2018$612,56036%$999,86032%$10,697,2098%
2017$956,140271%$754,9341%$11,566,5622%
2016$257,49085%$758,96319%$11,341,5729%
2015$1,684,71163%$637,40267%$12,523,1608%
2014$1,031,26414%$381,59612%$11,617,7983%
2013$906,8245%$340,21168%$11,301,80118%
2012$860,68977%$202,2798%$9,604,1999%
2011$486,128$187,091$8,772,569

Frequently Asked Questions

What does Wayne Economic Development Corp do?

Wayne Economic Development Corp is a unclassified nonprofit organization based in Pennsylvania. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wayne Economic Development Corp financially healthy?

Based on our 9-metric Financial Health Score model, Wayne Economic Development Corp has a score of 36/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Wayne Economic Development Corp generate?

Wayne Economic Development Corp reports $3.1M in annual revenue and holds $10.7M in total assets, based on IRS filings.

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Wayne Economic Development Corp — Honesdale, PA | GiveScope